US tariffs on steel and aluminum doubled to 50% as of 12:01 am ET on Wednesday, a move cheered by the beleaguered American steel industry but worrisome to sectors that heavily use the metals, from car ...
U.S. raised tariffs on imported steel and aluminum to 50% in 2025, impacting costs. Canada is the main source of U.S. steel and aluminum imports, critical for supply. Higher tariffs may lead to ...